The central bank releases the January 2026 operating conditions of the financial market.

The Central Bank released the financial market operation situation in January 2026. In January 2026, net financing of government bonds was 976.39 billion yuan, an increase of 283.13 billion yuan year-on-year; net financing of corporate bonds was 503.26 billion yuan, an increase of 57.90 billion yuan year-on-year. At the end of January 2026, the custody balance of the bond market was 19.77 trillion yuan. In January 2026, the transaction volume of treasury futures market was 6.9 trillion yuan, an increase of 1.74% year-on-year. At the end of January 2026, the open interest of treasury futures was 748,000 contracts, an increase of 36.3% year-on-year; the closing price of the 10-year treasury futures main contract was 108.3 yuan, an increase of 0.42% month-on-month. At the end of January 2026, the Shanghai Gold Exchange Au contract closed at 1,164.0 yuan per gram, an increase of 19.5% month-on-month. In January 2026, the Shanghai Gold Exchange gold trading volume was 5970.2 tons, an increase of 18.6% year-on-year; the gold trading volume on the Shanghai Futures Exchange was 18,000 tons, an increase of 52.2% year-on-year.